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11 results for “oil and gas”
Brazil’s Petrobras Expands Global Exploration with Eight Offshore Blocks in Ivory Coast
Brazil’s state-controlled oil giant Petrobras signed production-sharing contracts for eight exploratory blocks off the coast of Côte d'Ivoire, securing a new deepwater exploration frontier.
Brazil’s Independent Oil Producers Demand 100-Day Reform Agenda From Presidential Candidates
The Brazilian Association of Independent Oil and Gas Producers (ABPIP) has presented a policy roadmap for the next government's first 100 days, prioritizing market opening and revitalizing mature fields.
Brazil’s High Court to End Decade-Long Fracking Dispute on September 9
Brazil's Superior Tribunal of Justice will rule on the legality of hydraulic fracturing, setting a national standard for unconventional oil and gas.
PetroReconcavo Avoids US$60 Million CAPEX by Extending Petrobras Gas Processing Deal
Brazilian independent oil producer PetroReconcavo secured nearly a decade of operational certainty in Bahia by extending a natural gas processing agreement with Petrobras.
Petrobras Confirms Hydrocarbon Discovery in Foz do Amazonas, Opening Highly Contested New Brazil Oil Frontier
State-controlled Petrobras has confirmed an oil and gas find in the environmentally sensitive Foz do Amazonas Basin, a strategic move to replenish its reserves.
Lula Allies Push State-Controlled Oil Model on New Brazil Frontier After Petrobras Find
Petrobras confirmed a hydrocarbon find in the Equatorial Margin, fueling a push by Lula's allies to introduce a production sharing model for future blocks.
CADE Clears OceanPact-CBO Merger, Creating Brazil’s Second-Largest Offshore Marine Services Giant
Brazil's antitrust regulator approved the OceanPact and CBO merger, forming a 73-vessel company poised to capture larger oil and gas contracts.
Petrobras Vetoes Extraordinary Dividend Despite Record Profit, Signaling New Capital Allocation
Brazil's state-controlled oil giant Petrobras will prioritize investment and debt reduction over a large cash payout to shareholders, including the federal government.
Final Brazil Court Victory Clears R$850 Million Payment from Petrobras to OceanPact
Brazil's Superior Court of Justice finalized a ruling compelling state-run Petrobras to pay up to R$850 million to maritime services firm OceanPact.
Brazil’s Antitrust Regulator Clears OceanPact-CBO Merger, Creating Offshore Services Giant
Brazil's competition authority approved the merger of OceanPact and CBO, paving the way for a dominant player in the country's critical offshore oil and gas support market.
Ecopetrol’s R$23 OPA for Brava Energia (BRAV3) Sets Price Floor in Partial Tender Auction on B3
Colombian energy giant Ecopetrol holds a partial tender offer auction today for 25% of Brava Energia (BRAV3) to secure a controlling stake.